The Rome, Ga.-based freight broker’s purchase of Apex Freight Services will allow Scott Logistics to expand its market presence and contribute $20 million in additional annual revenues, according to a statement from the company.
Although activity increased from the first quarter, total deal volume and value in the transportation and logistics sector were still down 18 percent and 22 percent year-over-year, respectively, according to a new report from PricewaterhouseCoopers.
Echo posts strong second quarter Chicago-based Echo Global Logistics reported strong year-over-year increases in net income, revenues and truckload volumes during the second quarter of 2016.
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The Hong Kong-based airline is expanding its presence in the United States with the addition of a twice-weekly scheduled landing at Oregon’s Portland International Airport.
Forget playing the blame game, the fraught implementation of container weighing rules came down to the fact that the container shipping industry has no single trusted information source.
The cargo airline will launch a service to and from Wichita, Kan. next week.